One of the most common mistakes a business owner can make is failing to properly establish and maintain a business entity separate from their personal assets. By creating a separate business entity, the business owner or owners create a liability "shield" for the activities of the business and its employees. There are many entities available, but the most common entity formed is a Limited Liability Company ("LLC") that has the business owner or owners as "members" of the LLC.

Recording of a mechanics lien on a property can be a very effective way of ensuring payment from an owner for anyone providing either services or supplying material for a work of construction, or of improvement to real estate.